Rightmove (RMV)

Sector:

Real Estate

Index:

FTSE 100

580.60p
   
  • Change Today:
      8.40p
  • 52 Week High: 615.40p
  • 52 Week Low: 462.90p
  • Currency: UK Pounds
  • Shares Issued: 801.95m
  • Volume: 8,582,265
  • Market Cap: £4,656.11m
  • RiskGrade: 130
  • Beta: 1.13

Rightmove Overview

Founded by three of the UK’s largest estate agency chains – Halifax, Countrywide & Connells – Rightmove is a property internet portal. Over half of all UK estate agents advertise their properties on the website, enabling users to see homes for sale or for letting all over the UK. The company floated with plans to specialise in producing Home Information Packs but this has since been dropped after a government u-turn on the idea.

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Financials

Latest F'cast
Div Yield 1.5% 0.0%
Div Cover 2.8 2.8
Op Mrgn 72.6% 72.6%
ROCE 427.9%  
Latest F'cast
P/E 24.4 23.4
PEG 2.7 5.5
Pr/Revenue 14.0 12.9
Pr/Book 68.3  
Latest F'cast
Revenue 9.1% 8.8%
PBT 6.9% 8.9%
EPS 9.2% 4.3%
DPS 9.0% 5.2%

Rightmove Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-18 267.82 198.27 18.30p 23.6 n/a -89% 6.50p 1.5%
31-Dec-19 289.32 213.56 19.57p 32.4 4.6 +7% 2.80p 0.4%
31-Dec-20 205.72 134.82 12.60p 51.7 n/a -36% 4.50p 0.7%
31-Dec-21 304.89 225.65 21.80p 36.5 0.5 +73% 7.80p 1.0%
31-Dec-22 332.62 241.28 23.80p 21.5 2.4 +9% 8.50p 1.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Rightmove Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-23 361.98 262.80 24.81p 23.4 5.5 +4% 8.94p 0.0%
31-Dec-24 390.86 262.76 26.17p 22.2 4.1 +6% 9.50p 0.0%
31-Dec-25 425.16 301.03 29.62p 19.6 1.5 +13% 10.53p 0.0%

Copyright © 2023 FactSet Research Systems Inc. All rights reserved.

Rightmove Company Announcements

Rightmove Plc - Director/PDMR Shareholding 07-Dec-2023 15:35 PR Newswire
Rightmove Plc - Transaction in Own Shares 04-Dec-2023 17:14 PR Newswire
Rightmove Plc - Transaction in Own Shares 01-Dec-2023 17:39 PR Newswire

Rightmove ShareCast News

London close: Stocks start week in subdued state 27-Nov-2023 ShareCast
Numis upgrades Rightmove from 'add' to 'buy' 27-Nov-2023 ShareCast
Rightmove revenue growth beating expectations 27-Nov-2023 ShareCast

Rightmove Top Newspaper Links

Property boom lifts builders and retailers 31-Jul-2014 The Independent
Rightmove chairman sells almost half his shares ... 28-May-2014 Guardian
Rightmove chairman sells £7m of shares to buy a ... 28-May-2014 Telegraph

Latest Rightmove Director Deals

Traded Action Notifier PriceAmountValue
06-Dec-23 Exercise of option Alison Dolan 0.000p 2,180 £0.00
06-Dec-23 Sell Alison Dolan 558.96p 2,012 £11,246.26

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Rightmove Market Data

Currency UK Pounds
Share Price 580.60p
Change Today 8.40p
% Change 1.47 %
52 Week High 615.40p
52 Week Low 462.90p
Volume 8,582,265
Shares Issued 801.95m
Market Cap £4,656.11m
Beta 1.13
RiskGrade 130

Rightmove Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.35% below the market average99.35% below the market average99.35% below the market average99.35% below the market average99.35% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
52.71% above the market average52.71% above the market average52.71% above the market average52.71% above the market average52.71% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
86.97% below the market average86.97% below the market average86.97% below the market average86.97% below the market average86.97% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Growth
4.43% below the market average4.43% below the market average4.43% below the market average4.43% below the market average4.43% below the market average
15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 4
Sell 3
Strong Sell 2
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rightmove Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Sep-23 27-Apr-23
Paid 27-Oct-23 26-May-23
Amount 3.60p 5.20p

Trades for 08-Dec-2023

Time Volume / Share Price
18:01 2,617,801 @ 573.00p
16:45 1,491 @ 581.80p
16:45 15,776 @ 581.80p
16:42 38 @ 580.95p
16:35 1,360,353 @ 580.60p

Rightmove Key Personnel

CFO Alison Dolan
CEO Johan Svanström

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